[RE-ANN][FCK] ★FCKBANKS REBORN ★(New Devs and team) ★

[asdlolciterquit]

we actually do have an anti asic philosophy, we are still in the process of deciding on the best algorithm to go with.

it'll likely be adaptive n tho so we will be compatible with vtc miners, and likely when the new sgminer supports it. we will also have to give people plenty of notification of the change over.

great!

[mneehon]

we actually do have an anti asic philosophy, we are still in the process of deciding on the best algorithm to go with.

it'll likely be adaptive n tho so we will be compatible with vtc miners, and likely when the new sgminer supports it. we will also have to give people plenty of notification of the change over.

Have you read a thread about proposed switch of LTC to another algo?

Fascinating answer by LTC devs:
https://litecointalk.org/index.php?topic=18166.0

My favorite (bold mine):

any Bitcoin-like network that relies upon large quantities of greedy miners to outdo each other to maintain network security

Considering current 0.1 difficulty and 8Mh/s network speed I think ASIC resistance is the last thing devs need to be working on right now.

[yak]

we actually do have an anti asic philosophy, we are still in the process of deciding on the best algorithm to go with.

it'll likely be adaptive n tho so we will be compatible with vtc miners, and likely when the new sgminer supports it. we will also have to give people plenty of notification of the change over.

Have you read a thread about proposed switch of LTC to another algo?

Fascinating answer by LTC devs:
https://litecointalk.org/index.php?topic=18166.0

My favorite (bold mine):

any Bitcoin-like network that relies upon large quantities of greedy miners to outdo each other to maintain network security

Considering current 0.1 difficulty and 8Mh/s network speed I think ASIC resistance is the last thing devs need to be working on right now.

i've known coblees stance on this since confronting him about it, because originally litecoin was created in answer to the asics coming onto bitcoin, coblee's view of litecoin (as you can see in interviews long ago as well as the original design docs of litecoin) was that it was SUPPOSED to be against asics. the majority of litecoin users actually are highly against asics as been shown in the various polls posted on reddit bitcointalk and litecoin talk as well as asking people in the #litecoin channel.

i'm part of the litecoin association and have talked to coblee and warren multiple times about their stance in the face of users wanting to be against asics... finally gave up trying to convince them of anything when coblee stated that 'this isn't a democracy'

unfortunately in my opinion (as well as many other people) coblees post about asic resistance is bullshit. i suggest you actually read the user responses on that thread that aren't kissing ass
such as:

"Imho the only reason for LTC to exist (as an 100% BTC copy) was when there were no ASIC for it.

Since there is now the exactly same asic-arms race in LTC as in BTC, there is no reason for me left to use it other than trading it just for profit like i do with every other shitcoin, no reason left to "support" it furthermore as an "new currency". it just became one of the vast amount of copycat-shitcoins but with an still bigger community remaining, ... yet ;o)

So i try to support that currency of the future elsewhere, bye "

in the end its hard to take any talk on the litecoin forums seriously anymore because of how much just outright bullshit there is.

both warren and coblee keep talking about how 'forking' a coin to do this is too risky... however what they don't say is how simple it is if actually organized properly... hell even for a 'big' coin forks haven't been a huge deal... bitcoins even done it

as to whether you think that its 'the last thing' 'devs need to be working on right now' or whatever, you are entitled to your opinions, but at the end of the day you aren't paying their wages.

[crycurex.com]

Fckbanks coin has been added at www.crycurex.com

Try out our exchange, one of the lowest trade fees 0.09 %

[Lombaqe]

we actually do have an anti asic philosophy, we are still in the process of deciding on the best algorithm to go with.

it'll likely be adaptive n tho so we will be compatible with vtc miners, and likely when the new sgminer supports it. we will also have to give people plenty of notification of the change over.

Have you read a thread about proposed switch of LTC to another algo?

Fascinating answer by LTC devs:
https://litecointalk.org/index.php?topic=18166.0

My favorite (bold mine):

any Bitcoin-like network that relies upon large quantities of greedy miners to outdo each other to maintain network security

Considering current 0.1 difficulty and 8Mh/s network speed I think ASIC resistance is the last thing devs need to be working on right now.

i've known coblees stance on this since confronting him about it, because originally litecoin was created in answer to the asics coming onto bitcoin, coblee's view of litecoin (as you can see in interviews long ago as well as the original design docs of litecoin) was that it was SUPPOSED to be against asics. the majority of litecoin users actually are highly against asics as been shown in the various polls posted on reddit bitcointalk and litecoin talk as well as asking people in the #litecoin channel.

i'm part of the litecoin association and have talked to coblee and warren multiple times about their stance in the face of users wanting to be against asics... finally gave up trying to convince them of anything when coblee stated that 'this isn't a democracy'

unfortunately in my opinion (as well as many other people) coblees post about asic resistance is bullshit. i suggest you actually read the user responses on that thread that aren't kissing ass
such as:

"Imho the only reason for LTC to exist (as an 100% BTC copy) was when there were no ASIC for it.

Since there is now the exactly same asic-arms race in LTC as in BTC, there is no reason for me left to use it other than trading it just for profit like i do with every other shitcoin, no reason left to "support" it furthermore as an "new currency". it just became one of the vast amount of copycat-shitcoins but with an still bigger community remaining, ... yet ;o)

So i try to support that currency of the future elsewhere, bye "

in the end its hard to take any talk on the litecoin forums seriously anymore because of how much just outright bullshit there is.

both warren and coblee keep talking about how 'forking' a coin to do this is too risky... however what they don't say is how simple it is if actually organized properly... hell even for a 'big' coin forks haven't been a huge deal... bitcoins even done it

as to whether you think that its 'the last thing' 'devs need to be working on right now' or whatever, you are entitled to your opinions, but at the end of the day you aren't paying their wages.

You can trade fcks now on crycurex also, there is fck/btc and fck/ltc market there
Crycurex is the most stable and secure exchange we have so i recommend people to use it when they want to trade

[ibidem]

Fckbanks coin has been added at www.crycurex.com

Try out our exchange, one of the lowest trade fees 0.09 %

It seems not to be correct address...

[mneehon]

Fckbanks coin has been added at www.crycurex.com

Try out our exchange, one of the lowest trade fees 0.09 %

It seems not to be correct address...

I got the same initially...  Use https.  Secure indeed.  Hilarious.

[ibidem]

Fckbanks coin has been added at www.crycurex.com

Try out our exchange, one of the lowest trade fees 0.09 %

It seems not to be correct address...

I got the same initially...  Use https.  Secure indeed.  Hilarious.

Yes, and now all open orders and balances are gone. Redonkulous.

[crycurex.com]

Hi all ...

sorry we had to reset orders ... everything works now .. even www.crycurex.com

sorry for complications, your coins are there, just put your orders again

[asdlolciterquit]

Fckbanks coin has been added at www.crycurex.com

Try out our exchange, one of the lowest trade fees 0.09 %

great news!

[ibidem]

Hi all ...

sorry we had to reset orders ... everything works now .. even www.crycurex.com

sorry for complications, your coins are there, just put your orders again

It's fine now, thank you.

By the way, cryptorush announcement:

Code:

Public Warning
ATTENTION: Please be aware that at this time, due to insolvency and site ownership changes,
all deposits and trades are to be considered at your own risk. Depleted wallets will not be able to fund coin withdrawals. 
Affected Wallets: BTC, LTC, POT, AUR, QRK, WAS and BAT Semi-Official IRC Chat log from CryptoRush: http://pastebin.com/mrqJQ9Kb.
Side Note: FYRSTIKKEN is NOT an owner or any way affiliated with CryptoRush.

[yak]

Hi all ...

sorry we had to reset orders ... everything works now .. even www.crycurex.com

sorry for complications, your coins are there, just put your orders again

It's fine now, thank you.

By the way, cryptorush announcement:

Code:

Public Warning
ATTENTION: Please be aware that at this time, due to insolvency and site ownership changes,
all deposits and trades are to be considered at your own risk. Depleted wallets will not be able to fund coin withdrawals. 
Affected Wallets: BTC, LTC, POT, AUR, QRK, WAS and BAT Semi-Official IRC Chat log from CryptoRush: http://pastebin.com/mrqJQ9Kb.
Side Note: FYRSTIKKEN is NOT an owner or any way affiliated with CryptoRush.

yea.. i hope you guys heeded our warnings the other day and got all of your coins of every type the fck off there...

[qiwoman]

Fckbanks coin has been added at www.crycurex.com

Try out our exchange, one of the lowest trade fees 0.09 %

It seems not to be correct address...

I got the same initially...  Use https.  Secure indeed.  Hilarious.

WOW This is great news for FCKBANKS!! This coin is for the long haul and I have them all saved on my wallet..I might go do some trading there later when I get some spare time.. I have an account there..

[mneehon]

Do I see it right?  Faucet had 142m+ FCKS in the morning, then there was some kind of outage, and now balance shows 122m+ coins.  20m FCKs gone

[yak]

Do I see it right?  Faucet had 142m+ FCKS in the morning, then there was some kind of outage, and now balance shows 122m+ coins.  20m FCKs gone

you'd have to talk to nvll and see whats up since its his, maybe lom knows if something happened.... i personally haven't really looked at the faucet in awhile.... do you suspect something going on?

[qiwoman]

Do I see it right?  Faucet had 142m+ FCKS in the morning, then there was some kind of outage, and now balance shows 122m+ coins.  20m FCKs gone

you'd have to talk to nvll and see whats up since its his, maybe lom knows if something happened.... i personally haven't really looked at the faucet in awhile.... do you suspect something going on?

faucet does not load for me at all.. maybe it's my crappy internet lol

[yak]

Do I see it right?  Faucet had 142m+ FCKS in the morning, then there was some kind of outage, and now balance shows 122m+ coins.  20m FCKs gone

you'd have to talk to nvll and see whats up since its his, maybe lom knows if something happened.... i personally haven't really looked at the faucet in awhile.... do you suspect something going on?

faucet does not load for me at all.. maybe it's my crappy internet lol

was working for me ok awhile ago.. but now its giving an error again
i'm actually in the process of working on the twitter bot and i'm building in a 'beg' command... so that will function like a faucet as well... and at least i'll control it so i can answer whats going on

[yak]

http://www.youtube.com/embed/u7DN5d6PRvs
my weekend dance

[bcrypto]

Keep up the good work!

[asdlolciterquit]

cryptorush removed FCK/BTC???